AMD 1995 Annual Report Download - page 203

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28
payment been required or made; and
(d) within 14 days after paying any sum from which it is
required by law to make any deduction or withholding, and
within 14 days after the due date of payment of any tax or
other amount which it is required by paragraph (b) to pay,
the Guarantor shall deliver to CSSD evidence satisfactory
to CSSD of such deduction, withholding or payment and of
the remittance thereof to the relevant taxing or other
authority.
6. REPRESENTATIONS AND WARRANTIES
------------------------------
6.1 The Guarantor represents and warrants to and for the benefit
of CSSD that:-
(1) it has the power to enter into and perform this Guarantee
and has taken all necessary action to authorise the
execution, delivery and performance of this Guarantee and
the transactions contemplated hereby in accordance with the
terms hereof;
(2) this Guarantee constitutes the legal, valid and binding
obligations of the Guarantor, enforceable in accordance
with the terms hereof for so long as the Company has any
liability under the Contract to pay the Secured Sum or any
part thereof and its obligations hereunder will constitute
direct, unconditional and general obligations of the
Guarantor;
(3) the execution, delivery and performance by it of this
Guarantee and the transactions contemplated hereby will not
exceed any power granted to it by or violate in any
material respect any provision of (i) any law or regulation
or any order or decree of any governmental authority,
agency or court to which it is subject, or (ii) any
provision of its constitutive documents, or (iii) any
contract or other undertaking, agreement or instrument to
which it is a party or which is binding upon it or any of
its assets, and does not and will not result in the
creation or imposition of any charge, pledge,
hypothecation, preferential right, lien, encumbrance or
security interest on any of its assets pursuant to the
provisions of any such contract or other undertaking or
instrument; and
(4) all action, conditions and things required to be taken,
fulfilled and done (including the obtaining of any
necessary consents) in order (a) to enable it lawfully to
enter into and perform and comply with its obligations
under this Guarantee, and (b) to ensure that those
obligations are legally binding and enforceable, have been
taken, fulfilled and done.
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996